The holding period return (HPR) can appropriately be used to

A) compare the yield on investments held for any time period.
B) compare returns among investments that are held for the same period of time.
C) isolate realized capital gains.
D) determine the required reinvestment rate for long-term investments.

Answer: B

Business

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A. smoothing B. buffering C. flexible processes D. independent strategies E. concurrence

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Retained Earnings reports ______ by the business

a. cumulative cash retained b. cumulative revenues c. cumulative profits retained d. cumulative net income kept e. cumulative cash earned

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